Announced
Completed
Synopsis
Marubeni, a company operates a dealership business, completed the acquisition of a 80% stake in HPL Motors, a company operates used car specialty stores. Financial terms were not disclosed. Through this acquisition, Marubeni will expand its used car sales business on a UK-wide scale with its acquired know-how at its core, and by combining this with its existing dealership business, it aims to promote the evolution and transformation of the car sales business in the UK.
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